Printer Friendly

GRAND CASINOS 'PLEASED' WITH GULFPORT OPENING

 MINNEAPOLIS, May 19 /PRNewswire/ -- Grand Casinos, Inc. (NASDAQ-NMS: GRND) today announced that the opening of its Grand Casino Gulfport has met all expectations, including strong attendance at its preview weekend May 14-May 16 and the satisfactory completion of the regulatory audit required of all casinos that open in Mississippi. Grand Casinos is a leader in emerging casino gaming markets.
 "Most important, we were pleased to have entertained several thousand delighted guests during our first weekend," said Thomas J. Brosig, Grand Casinos' president. "The success of the opening is a testament to a devoted team of management and staff who worked nonstop to ensure that we opened Gulfport on time and with hardly a hitch."
 Grand Casino Gulfport, the world's largest floating opened on the evening of May 14 with an invitation-only event that included local community leaders, members of the investment community and other guests. The doors were opened to the general public at midnight and the casino remained open until midnight May 16. At that point, the casino was closed to enable the Mississippi Gaming Commission to conduct its customary regulatory audit of operations. The casino was reopened at 10 a.m. Wednesday, as scheduled.
 The 225,000-square-foot facility has 1,650 slot machines, 85 table games and a 24-table poker room. It is the first of three company-owned dockside casinos that Grand Casinos will be operating on the Gulf Coast of Mississippi. The company develops and manages casino gaming facilities in emerging gaming markets on both Indian and company-owned sites. Grand Casinos, Inc. is traded on the NASDAQ National market System under the symbol GRND.
 -0- 5/19/93
 /NOTE: For more information on Grand Casinos via facsimile at no cost, simply dial 1-800-PRO-INFO and enter company code 079./
 /CONTACT: Tom Brosig, president of Grand Casinos, 612-449-9092; Michael Rosenbaum, 312-266-7800, or Sue Caulton, 415-986-1591, both of the Financial Relations Board/
 (GRND)


CO: Grand Casinos, Inc. ST: Minnesota IN: CNO SU:

AL -- MN013 -- 0450 05/19/93 16:23 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 19, 1993
Words:331
Previous Article:FRONTEER DIRECTORY RELEASES SECOND QUARTER RESULTS
Next Article:SYTJE'S PANNEKOEKEN HUIS FAMILY RESTAURANTS, INC. ANNOUNCES INITIAL PUBLIC OFFERING
Topics:


Related Articles
GRAND CASINOS, INC. RECEIVES APPROVAL FOR GAMING LICENSE FOR GULFPORT SITE
GRAND CASINOS, INC. RECEIVES APPROVAL FOR GAMING LICENSE FOR BILOXI, MISS., SITE
GRAND CASINOS NAMES BROSIG PRESIDENT
GRAND CASINOS REPORTS EARNINGS PER SHARE OF $0.18 FOR THE SIX MONTHS ENDED JULY 4 AND FILING OF REGISTRATION STATEMENT FOR PUBLIC OFFERING
GRAND CASINOS ANNOUNCES RESULTS FOR FOUR WEEKS ENDED AUG. 1, 1993
CASINO RESOURCE BECOMES GRAND CASINOS ENTERTAINMENT PARTNER
GRAND CASINOS, INC. REPORTS $1.06 EPS FOR 1993; FIRM EXPECTS SIGNIFICANT GROWTH IN 1994
GRAND CASINOS REPORTS $219.4 IN YEAR TO DATE REVENUES AND $.44 PER SHARE EARNINGS FOR THE THIRD QUARTER
GRAND CASINOS REPORTS NO DAMAGE TO ITS MISSISSIPPI GULF COAST CASINOS AS A RESULT OF HURRICANE ERIN
Grand Casinos/Mississippi Upgrade Their Oasis(TM) II System

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters